Glaukos (GKOS) development chief sells 1,537 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Glaukos Corp’s chief development officer Tomas Navratil sold 1,537 shares of common stock in an open-market trade. The sale was executed at an average price of $130.68 per share under a Rule 10b5-1 trading plan adopted on March 12, 2026.
After this transaction, he directly holds 88,833 shares of Glaukos common stock, which includes 39,791 restricted stock units that have not yet vested or been delivered.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,537 shares ($200,855)
Net Sell
1 txn
Insider
Navratil Tomas
Role
CHIEF DEVELOPMENT OFFICER
Sold
1,537 shs ($201K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,537 | $130.68 | $201K |
Holdings After Transaction:
Common Stock — 88,833 shares (Direct, null)
Footnotes (1)
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 12, 2026. Includes 39,791 restricted stock units that have not yet vested or been delivered to the Reporting Person.
Key Figures
Shares sold: 1,537 shares
Sale price: $130.68 per share
Shares held after sale: 88,833 shares
+2 more
5 metrics
Shares sold
1,537 shares
Open-market sale on Form 4
Sale price
$130.68 per share
Average sale price for common stock
Shares held after sale
88,833 shares
Direct ownership following transaction
Unvested RSUs
39,791 units
Restricted stock units not yet vested or delivered
10b5-1 plan adoption date
March 12, 2026
Pre-arranged trading plan for sales
Key Terms
Rule 10b5-1 trading plan, restricted stock units, open-market sale
3 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
restricted stock units financial
"Includes 39,791 restricted stock units that have not yet vested or been delivered"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.